Features

• Funds are invested in high-quality interest-bearing assets such as fixed deposits and government securities in the Ugandan market
• The fund's yield consists of compounded interest that is calculated daily and distributed monthly into the client's account
• It is free to set up the account (no initial fees)
• It is a low risk fund
• The fund is ideal as a safe parking for money in the short term to medium term. It is a good option for individual, corporate and joint investors.
• The minimum investment for an account is UGX 100,000/-

Benefits

• Secure: The Sanlam Income fund has a capital guarantee
• Efficiency: Quick and easy access to funds
• Interest: Interest is compounded and is calculated on a daily basis
• Flexibility: The period to invest is not fixed or contractual
• Top ups: Investors can top up anytime as they wish and as low as UGX 50,000/-
• Management: Managed by experienced and professional asset managers. The money is held by a trusted company separate from the managing company
• Performance: Historically the Sanlam Income Fund has performed better than the bank fixed deposits
• Rate: The rate is equivalent to the yield of the underlying investments